Question
XYZ Inc. had the following data for last year: Net income = $900; Net operating profit after taxes (NOPAT) = $800; Total assets = $4,000;
XYZ Inc. had the following data for last year: Net income = $900; Net operating profit after taxes (NOPAT) = $800; Total assets = $4,000; and Total operating capital = $2,100. Information for the just-completed year is as follows: Net income = $1,000; Net operating profit after taxes (NOPAT) = $950. What is the free cash flow generated during the just-completed year?
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Finance Of International Trade
Authors: Eric Bishop
1st Edition
0750659084, 978-0750659086
